TLT Stock Summary and Trading Ideas (iShares 20+ Year Treasury Bond ETF | NASDAQ:TLT)

The iShares 20+ Year Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities greater than twenty years. The ICE U.S. Treasury 20+ Year Bond Index is part of a series of indices intended to assess U.S. Treasury issued debt. Only U.S. dollar denominated, fixed rate securities with minimum term to maturity greater than twenty years are included.

iShares 20+ Year Treasury Bond ETF trades on the NASDAQ stock market under the symbol TLT.

As of June 25, 2024, TLT stock price climbed to $94.50 with 19,134,611 million shares trading.

TLT has a beta of 0.74, meaning it tends to be less sensitive to market movements. TLT has a correlation of 0.30 to the broad based SPY ETF.

TLT has a market cap of $51.20 billion. This is considered a Large Cap stock.

In the last 3 years, TLT stock traded as high as $155.12 and as low as $82.42.

TLT has underperformed the market in the last year with a return of -5.1%, while the SPY ETF gained +27.3%. In the last 3 month period, TLT fell short of the market, returning +1.5%, while SPY returned +4.9%. However, in the most recent 2 weeks TLT has outperformed the stock market by returning +4.0%, while SPY returned +2.0%.

TLT support price is $93.45 and resistance is $95.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TLT stock will trade within this expected range on the day.